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  2. ArcelorMittal - Wikipedia

    en.wikipedia.org/wiki/ArcelorMittal

    ArcelorMittal was created by the takeover of Western European steel maker Arcelor (Spain, France, and Luxembourg) by Indian-owned multinational steel maker Mittal Steel in 2006, at a cost of €40.37 per share, approximately $33 billion total.

  3. ArcelorMittal South Africa To Cut 3,500 Jobs Amid Economic ...

    www.aol.com/arcelormittal-south-africa-cut-3...

    The company stated that this move will impact approximately 3,500 direct and indirect jobs, with an even larger economic impact o ArcelorMittal South Africa To Cut 3,500 Jobs Amid Economic ...

  4. Mittal Steel South Africa - Wikipedia

    en.wikipedia.org/wiki/Mittal_Steel_South_Africa

    The objectives of establishing the company were to produce iron and a range of steel products, and to create employment opportunities. Production at the Pretoria plant started in 1934. [4]: 101 On 4 April 1934 the first steel was tapped from the open-hearth furnace at the Pretoria Works. Wartime needs for steel and the local manufacture of ...

  5. Arcelor - Wikipedia

    en.wikipedia.org/wiki/Arcelor

    Lakshmi Mittal became the president and Arcelor chairman Joseph Kinsch was appointed chairman of the new company until his retirement. [3] [4] Arcelor's merger with Mittal created the worldwide leader in the steel industry, increasing its bargaining power with suppliers and consumers. Mittal Steel agreed to pay €40.37 a share to Arcelor ...

  6. ISG Weirton Steel - Wikipedia

    en.wikipedia.org/wiki/ISG_Weirton_Steel

    On April 5, 2005, ISG completed a merger with Mittal Steel. In 2006, Mittal Steel completed a further merger with Arcelor, forming a new company known as ArcelorMittal. In December 2020, ArcelorMittal sold its U.S. holdings to Ohio-based Cleveland-Cliffs Inc. making it a subsidiary of the Cleveland-Cliffs organization.

  7. Opinion - Why Trump should switch sides on the US Steel ... - AOL

    www.aol.com/opinion-why-trump-switch-sides...

    The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.

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